Post
Topic
Board Securities
Re: [HAVELOCK]CBCM SHA-256 Mine IPO start 11-th of June, priced from 0.042Btc/10Ghs
by
Korbman
on 10/06/2014, 21:22:01 UTC
[...]

All funds will be used to start SHA-256 Mine and to provide the ability to close and make down payments for deals for future deployment of mining equipment.

[...]

Just so I'm clear, since I must have misinterpreted your post...you're asking investors to float BTC1,750 (40,000 shares @ BTC0.04375 average over 8 rounds) to start a 1 PH/s mine. Since each share is 10GH/s (as noted in your prospectus and title), you're granting yourself 60% of the total hashrate (600TH/s) right from the start, leaving investors with just 400TH/s?